09:14 AM EDT, 10/31/2024 (MT Newswires) -- Teleflex ( TFX ) reported Q3 adjusted earnings from continuing operations Thursday of $3.49 per share, down from $3.64 a year earlier.

Analysts polled by Capital IQ expected $3.39.

Net revenue for the quarter ended Sept. 29 was $764.4 million, up from $746.4 million a year earlier.

Analysts surveyed by Capital IQ expected $767.8 million.

The company said it now expects 2024 adjusted earnings from continuing operations of $13.90 to $14.20, compared with a prior outlook of $13.80 to $14.20. Analysts polled by Capital IQ expect $13.93.

Revenue for the year is now expected to grow 2.9% to 3.4%, compared with earlier guidance for growth of 3.4% to 4.4%.

Shares of the company were down 6.9% in recent premarket activity.

Price: 219.00, Change: -16.22, Percent Change: -6.90